UK Politics
UK Conservatives unveil budget
The problem: – $1.3 trillion debt. – Budget deficit is 11% of GDP The planned solution: – Increase VAT from 17.5% to 20% by January – Axe treasury department…
2 posts on Austerity Budget from Stephen Taylor's archive of Canadian political commentary.
The problem: – $1.3 trillion debt. – Budget deficit is 11% of GDP The planned solution: – Increase VAT from 17.5% to 20% by January – Axe treasury department…
In Canada, the Conservatives unapologetically spend, while in the UK, they are about to cut — but not without apology. An email I just received from the UK…